Hale County * 320 Acres* Irrigated Farm
4 Wells* 135.26 Acres Drip*
Legal Description: West/2, Section 7, Block JK-3, Abstract 60, Hale County Texas.
Location: From Finney Texas, 1.5 miles west, then 1 mile south.
Description: This is a very nice half section of irrigated farmland located in the northeastern quadrant of Hale County. Excellent access is provided by County Road U on the west boundary, County Road 40 on the north boundary, and County Road 50 on the south boundary. There are 4 irrigation wells that are producing approximately 470 gallons of water per minute. The northeast well is 312' deep, equipped with a 40- horsepower electric submergible pump, and has never been constricted. The other wells are 280-290' deep and equipped with 10 and 15 horsepower electric sub pumps. The pumps are in good condition. Soils include Pullman and Olton clay loam with 0-1% slopes compromising 91.2% of the soils. There are 135.26 acres of drip irrigation installed in 2023. The drip system has a nice, protected filtration area. Drip Information: *52 zones*2.60 acres per zone*82 gpm per zone*Run 6 zones concurrently* Applies .171" every 24 hours across all acres*The drip tape is on 30" spacing with 20" emitters* One-Quarter mile runs* With this spacing, a crop could be planted either direction or on any row spacing. This farm has an abundance of depreciable assets, including wells, drip system, and almost 3 miles of 12" plastic underground tile. There are approximately 43+/- acres enrolled in a USDA program that must remain in this program for 4 more years, or until this program expires. More information is available on my website at www.street.land or www.land.com. Give Johnny a call at
(806) 847-7400 or email johnny@street.land
Price: $1,264,000.00
Other: There are no reservations. The seller states no mineral interests are currently owned. Buyer receives all wind rights currently owned.
Final Note: Seller is currently farming this land and would like to continue as tenant. This could be a standard 25%-75% crop share lease, a cash lease, or he would consider custom farming it for a Buyer.